My analysis.... The Nifty is moving in a very narrow range, and once it breaks out on any one
side, it may move a lot. I say it may, as the markets are very difficult to predict. The
breakout may fail too.
If there is no breakout, the markets will drift in this narrow range. So, trade accordingly.
Stops may be taken out in the dirfting range, and trending mode may start after all the weak
longs and shorts are shaken out.
Ab batao, kya samajh main aaya?
Kuch nahi? ya sab kuch? Arre bhai, maine kuch kaha hi nahi
hai
And if the market now continues in this range, I can say " I said so "
And if it breaks out... I can say " I said so"
And if it breaks out and fails... still I can say " I said so "
I had sent this to a friend in 2012, my analysis still holds